CEO compensation for 8 spine, orthopedic device companies

Written by Laura Dyrda | February 16, 2018 | Print  |

CEOs of medical device company giants routinely make seven-figure salaries, with total compensation reaching even higher when bonuses and stock awards are included.

Here are the 2016 salary and total compensation statistics for the CEOs of major device companies in the orthopedic and spine space.

 

Alex Gorsky. Chairman and CEO of Johnson & Johnson
Salary: $1.6 million
Total compensation: $21.2 million

 

Omar Ishrak. Chairman and CEO of Medtronic*
Salary: $1.6 million
Total compensation: $15.4 million

 

Kevin Lobo. Chairman, President and CEO of Stryker
Salary: $1.1 million
Total compensation: $12.8 million

 

David Dvorak. Former President and CEO of Zimmer Biomet
Salary: $1.1 million
Total compensation: $10.6 million
Mr. Dvorak was replaced by Daniel Florin in July 2017.

 

Gregory Lucier. Chairman and CEO of NuVasive
Salary: $800,000
Total compensation: $6.1 million

 

Bradley Mason. President and CEO of Orthofix
Salary: $705,576
Total compensation: $4.8 million

 

Eric Major. President and CEO of K2M
Salary: $525,000
Total compensation: $2.9 million

 

David Paul. Chairman and CEO of Globus Medical
Salary: $430,000
Total compensation: $1.7 million

 

*Based on proxy statements filed for 2017 fiscal year

 

More articles on orthopedic devices:
Zimmer Biomet, Stryker, Smith & Nephew & more: 16 device company key notes
Stryker achieves 95% ownership of Vexim: 5 takeaways
Medtronic hires director of finance: 4 things to know

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